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DavyMarkham bought by India’s Hindustan Dorr Oliver

01 March 2010

UK-based DavyMarkham has been acquired by India’s Hindustan Dorr Oliver (HDO) Ltd, which specialises in engineered solutions, technologies and EPC installations in liquid-solid separation applications and is a subsidiary of IVRCL Infrastructures & Projects Ltd.

DavyMarkham is a 180 year old manufacturing company based in Sheffield, UK and is involved in the design, manufacture and assembly of large equipment used in the mining, quarrying, power generation, oil, gas and nuclear sectors.

DavyMarkham managing director, Kevin Parkin, and financial director, Duncan Hay, will continue in their current roles, along with the management team.
 
“DavyMarkham was on the verge of closure four years ago, but with the financial support of our buyout partners, Endless, we have been able to turn around the business and make it an attractive acquisition prospect,” said Parkin.

 

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